Real estate

In a survey by KB Securities, more than half of South Korean-won billionaires had expressed a desire to invest in real estate in Viet Nam, said Nguyen Hoai An, director of CBRE Viet Nam, at a press conference releasing the quarterly report on Ha Noi’s real estate market in the third quarter (Q3) of this year held in Ha Noi on October 9. … [Read more...] about Vietnam real estate still an attractive prospect

The ministry’s chief inspector will take responsibility for conducting the inspections and reporting to the minister. The inspections will look at the implementation of housing regulations by many real estate projects that are under construction. The inspectorate will look into Military Petrochemical JSC (MIPEC)’s projects including Mipec City View and Mipec Riverside in Hanoi. MBLand will also have its projects inspected including Square Field in Tây Ninh and Golden Field and Grand Plaza in Hanoi. An inspection will also be conducted of Lạc Hồng Investment JSC’s projects such as the N01 T5 high-end apartment complex in Hanoi, Kim Bôi Resort in Hòa Bình, Quảng Ninh apartment building in Quảng Ninh, Tam Đảo complex and Hà Tiên urban area phase two in Vĩnh Phúc. Inspectors will work with Sài Gòn Construction Corporation (SGCC) at its SGCC Building and Soho Premier Bình … [Read more...] about Ministry to inspect real estate firms

Vietnam posted a total foreign direct investment (FDI) capital of approximately US$8.47 billion by February 20, 2019, 2.5 times higher than the same period in 2018, according to the Foreign Investment Agency under the Ministry of Planning and Investment. With US$4.3 billion investment in Vietnam, accounting for 51% of total FDI capital, Hong Kong (China) tops the list of foreign investors in Vietnam in early 2019. Singapore came in second with a total US$979.1 millioninvestment in Vietnam, making up 11.5% of the total investment. It was followed by the Republic of Korea (RoK) with a total registered capital of US$873 million, accounting for 10.3% of total FDI capital. The agency said that FDI investment has increased sharply in both newly registered capital, supplemented capital and capital contribution, and in share purchase of foreign investors. In the two-month period, Vietnam saw 514 newly licensed projects with total newly registered capital of US$2.44 billion, up 75.7% over … [Read more...] about Two-month FDI attraction increases 2.5 times

According to a representative from Tpcoms, being verified to use VMware technology helps TPCloud easily provide customers with a wide range of products, including public cloud, private cloud, hybrid cloud, and multi cloud for many different kinds of companies, from small and medium-sized enterprises (SMEs) to large-scale corporations. Combined with its long-term experience in providing connection infrastructure for large businesses throughout the country, TPCloud can become a breakthrough in the domestic cloud market. … [Read more...] about BUSINESS NEWS OCTOBER 11

Under the strategy, which was drafted with the support from the World Bank, Vietnam will also shift from luring appropriate investors for Vietnamese products to develop suitable products (including business environment and appropriate investment conditions) for the kind of investment that Vietnam needs in the future. … [Read more...] about US$6.75 billion in FDI disbursed in five months

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13